Property
ActiveResidential
1/24
$412,500

3000 58TH AVENUE

St Petersburg, FL 33714
4
Beds
3
Baths
2,604
SqFt
0.49
Acres
STELLAR
#TB8519132
Updated: Jun 26, 2026, 1:08am

Property Description

Short Sale. Welcome to a rare opportunity in the heart of St. Petersburg. Situated on nearly 1/2 acre, this expansive property offers incredible upside for investors, developers, or owner-occupants looking to create something truly special.

The property underwent an extensive renovation and improvement project that was never fully completed. While much of the heavy lifting has already been done, the home will require cleanup, repairs, and completion of unfinished work. Since sitting vacant, the property has experienced some damage from unauthorized occupants. Most notably, the mini-split HVAC units were removed, and portions of the home will require additional improvements, including window replacement and general finishing work.

The opportunity, however, is undeniable.

The home features a spacious and flexible floor plan with tremendous potential for a large family residence, multi-generational living arrangement, rental property, or creative redevelopment project. Oversized windows provide abundant natural light, and the generous living spaces offer a blank canvas for your vision.

Outside, you'll find one of the property's most valuable assets: a massive lot with room to expand, entertain, or potentially redevelop. Buyers are encouraged to conduct their own due diligence regarding zoning and land-use regulations, but the property's size may present the opportunity to split the lot, construct an additional residence, add an ADU, or pursue other development possibilities if approved by the City.

The grounds offer endless possibilities for creating a private estate, outdoor oasis, workshop space, recreational area, or future development project. Opportunities to acquire this much land in such a convenient location are becoming increasingly rare.

Located just minutes from Downtown St. Petersburg, award-winning Gulf beaches, shopping, dining, entertainment, and major transportation corridors, this property combines exceptional location with exceptional potential.

Whether you're searching for your next renovation project, a long-term investment, a development opportunity, or a chance to create a truly one-of-a-kind home, this property offers possibilities that are increasingly difficult to find in today's market.

Bring your vision, your contractor, and your imagination. Opportunities like this don't come along often. Schedule your private showing today and explore the potential for yourself.
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Included Appliances
DishwasherRangeRefrigerator

Property Details

Highlights
View
Yes
Interior
Appliances
DishwasherRangeRefrigerator
Bathrooms Total Decimal
2.5
Building Area Total
2919
Cooling
Mini-Split Unit(s)None
Fireplace Features
Living Room
Flooring
CarpetCeramic Tile
Furnished
Unfurnished
Interior Features
Ceiling Fan(s)Eating Space In KitchenPrimaryBedroom Upstairs
Laundry Features
Other
Living Area
2604
Rooms Total
11
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Wood Frame
Direction Faces
North
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Num Timesper Year
3
Roof
Shingle
Stories Total
2
Year Built
1940
Site & Exterior
Exterior Features
Private YardStorage
Fencing
Chain Link
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Oversized Lot
Lot Size Acres
0.49
Lot Size Area
21449
Lot Size Dimensions
158 x 135
Lot Size Square Feet
21449
Lot Size Units
Square Feet
Open Parking
Yes
Parking Features
Driveway
Patio And Porch Features
Patio
Public Survey Range
16
Public Survey Section
35
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicSewer Connected
Vegetation
BambooMature LandscapingOak TreesTrees/Landscaped
View
CityGarden
Zoning
R-4
Financials
Calculated List Price By Calculated Sq Ft
158.41
Contract Status Change Date
2026-06-15
Current Price
412500
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Month
Owner Name
PINK ELEPHANT INVESTMENT PROPERTIES LLC
Ownership
Fee Simple
Parcel Number
353016955260000010
Public Survey Township
30
Special Listing Conditions
Short Sale
Tax Annual Amount
8889.51
Tax Block
H
Tax Book Number
29-95
Tax Legal Description
WEDDING'S REPLAT LOT 1 & W 28.44FT OF LOT 2 TOGETHER WITH LOT 11 OF BLK H, ROMEO HEIGHTS
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Buyer to verify all lease restrictions
Lease Restrictions
Yes
M L S Area Major
33714 - St Pete
Subdivision Name
WEDDINGS REP
Listing provided courtesy of STELLAR via IDX. Updated: Jun 26, 2026, 1:08am.
Sean Tennant

Listing Agent

CHARLES RUTENBERG REALTY INC

Call Agent